In a statement, Michael Miebach, the CEO of Mastercard Inc said, the company will link all employee bonuses to environmental, social and corporate-governance (ESG) initiatives, in an expansion of an earlier program which was limited to its senior executives. The move… Read More ›
In a statement China’s Baidu Inc said, it has raised $1 billion in two tranches of U.S. dollar sustainability bond, marking its first environment, social and governance (ESG) transaction. While the first tranche covers a 5.5-year bond for $300 million the… Read More ›
On Tuesday, in a statement fund network Calastone said, UK-based equity funds recorded inflows totaling to $8.6 billion (6.2 billion pounds) during the second quarter. Incidentally, funds focused on environmental, social and governance (ESG) issues have grossed 50% of net… Read More ›
According to the results of a survey by Invesco, nearly a third of sovereign wealth funds and central banks have raised their focus on environmental, social and governance issues over the past year with the coronavirus-induced COVID-19 pandemic highlighting issues… Read More ›
On Wednesday, a group of banks, including Singapore’s DBS and UBS announced plans to create a new way of measuring the impact of environmental and social financing. The group, called Banking for Impact, also includes ABN Amro and Danske Bank;… Read More ›
In a significant development, some of the world’s biggest asset managers, including BlackRock Inc and Vanguard Group Inc have introduced new exchange-traded funds that exclude fossil fuel companies including coal, oil and companies from other industries, after a number of… Read More ›
With Chile’s residents and Chilean courts ringing the alarm on depleted water supplies in the country’s Atacama salt flat, Albemarle, the world’s top lithium miner had filed a proposal in December to monitor water flows beneath the parched desert floor…. Read More ›
ExxonMobil along with 4 other companies have been removed from its board following non-compliance to key minimum requirements, including on emissions reporting and targets. In a significvant development, the Legal & General Investment Management, Britain’s biggest asset manager, has dumped… Read More ›
Privacy-conscious Germany wants to bridge the benefits of advanced technologies with existing social model. In a significant development that is a pointer to the strategic thinking of the German government, Europe’s biggest economy stated, it has set aside nearly $3… Read More ›
The deal marks HSBC Amanah’s efforts to integrate the religious principles of Islamic finance with the U.N’s sustainable development goals. The Malaysian Islamic banking arm of HSBC Holdings, HSBC Amanah, stated it has raised $120.63 million (500 million ringgit) worth… Read More ›
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